PPRuNe Forums - View Single Post - Cyprus Levy on Bank Accounts
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Old 17th Mar 2013, 08:52
  #40 (permalink)  
4everAD
 
Join Date: Apr 2010
Location: Between a rock and a hard place.
Age: 52
Posts: 125
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I'm posted to Cyprus this Summer and this really worries me. I can't see how HMF there can be compensated bearing in mind they're actually getting something for their money, shares in the bank they're with. I know these shares are worthless but it is still something tangible. The British tax payer would have to buy these shares from the servicemen in order to compensate them.

Last edited by 4everAD; 17th Mar 2013 at 08:53.
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